ROOT vs. NVDA
Compare and contrast key facts about Root, Inc. (ROOT) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROOT or NVDA.
Correlation
The correlation between ROOT and NVDA is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ROOT vs. NVDA - Performance Comparison
Key characteristics
ROOT:
6.36
NVDA:
1.94
ROOT:
5.20
NVDA:
2.42
ROOT:
1.65
NVDA:
1.31
ROOT:
8.51
NVDA:
4.04
ROOT:
26.03
NVDA:
11.99
ROOT:
32.21%
NVDA:
9.12%
ROOT:
132.14%
NVDA:
56.63%
ROOT:
-99.29%
NVDA:
-89.73%
ROOT:
-83.01%
NVDA:
-13.68%
Fundamentals
ROOT:
$1.22B
NVDA:
$2.90T
ROOT:
-$1.15
NVDA:
$2.54
ROOT:
$849.80M
NVDA:
$113.27B
ROOT:
$849.80M
NVDA:
$85.93B
ROOT:
$55.70M
NVDA:
$74.87B
Returns By Period
In the year-to-date period, ROOT achieves a 13.75% return, which is significantly higher than NVDA's -3.95% return.
ROOT
13.75%
13.11%
30.24%
855.67%
N/A
N/A
NVDA
-3.95%
-5.85%
24.37%
106.54%
84.42%
75.94%
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Risk-Adjusted Performance
ROOT vs. NVDA — Risk-Adjusted Performance Rank
ROOT
NVDA
ROOT vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) and NVIDIA Corporation (NVDA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ROOT vs. NVDA - Dividend Comparison
ROOT has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROOT Root, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
ROOT vs. NVDA - Drawdown Comparison
The maximum ROOT drawdown since its inception was -99.29%, which is greater than NVDA's maximum drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for ROOT and NVDA. For additional features, visit the drawdowns tool.
Volatility
ROOT vs. NVDA - Volatility Comparison
The current volatility for Root, Inc. (ROOT) is 15.44%, while NVIDIA Corporation (NVDA) has a volatility of 24.65%. This indicates that ROOT experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ROOT vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Root, Inc. and NVIDIA Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities